{
    "success": true,
    "data": {
        "id": 1628191,
        "msgid": "purbaya-seeks-to-strengthen-local-marketplaces-curb-dominance-of-other-countries-1774083074",
        "date": "2026-03-21 15:07:10",
        "title": "Purbaya seeks to strengthen local marketplaces, curb dominance of other countries",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Trade",
        "summary": "Finance Minister Purbaya Yudhi Sadewa is exploring ways to bolster local e-commerce platforms to counter the dominance of foreign players, particularly from China, amid rapid digital trade growth. This initiative forms part of broader strategies to fortify the national economy by enhancing domestic demand and reducing reliance on external factors amid global geopolitical tensions. Purbaya remains optimistic about achieving 5.6-5.7% economic growth in the first quarter of 2026, supported by stable economic indicators.",
        "content": "<p>Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa is examining\nefforts to strengthen local marketplace platforms to prevent the\ndominance of global players amid the rapid growth of digital trade.\nPurbaya assesses that the current marketplace ecosystem is largely\ncontrolled by foreign companies. This situation, he says, poses a\nchallenge to local business actors. \u201cI\u2019m thinking about whether there\nare domestic companies that can be revived to compete with China\u2019s\ndominance,\u201d Purbaya told reporters at the Directorate General of Taxes\noffice, Ministry of Finance, Jakarta, on Saturday. To introduce domestic\ncompetitors, Purbaya is studying the existing marketplace ecosystem,\nincluding those collaborating with social media such as Tokopedia and\nTikTok. This step is one of Purbaya\u2019s efforts to strengthen the national\neconomy. Amid global geopolitical turmoil, the Finance Minister is\nimplementing a strategy to bolster domestic demand to prevent dependence\non external factors. In addition to marketplaces, the state treasurer is\npreparing plans to support the private sector, maintain public\npurchasing power, manage subsidised fuel oil (BBM) prices from the\nimpact of global oil prices, and encourage government spending to be\nabsorbed on time. \u201cEven though the global situation is like that, demand\n(domestic) is still strong. It might slow down if (the conflict)\ncontinues to rise. But I will safeguard domestic demand,\u201d he stated.\nOverall, he assesses that the national economy is relatively stable, as\nseen in various economic indicators and his field reviews during\nRamadan. He is also optimistic that economic growth in the first quarter\nof 2026 can reach 5.7 percent. \u201cThe latest figure is that economic\ngrowth could be 5.6-5.7 percent,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-seeks-to-strengthen-local-marketplaces-curb-dominance-of-other-countries-1774083074",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}